Examples of First Performance Period in a sentence
If, with respect to the First Performance Period, Delta One, expressed as a percentage of the EBITDA Target for Fiscal Year 2007, equals or exceeds 33%, the Executive shall be paid a Bonus in Fiscal Year 2010 equal to one and one half (1.5) times his Base Salary for Fiscal Year 2007.
Each KEIP Participant's target incentive award opportunity is divided equally between two performance periods: (a) the first performance period begins on January 1, 2016 and ends on March 31, 2016 (the "FirstPerformance Period") and (b) the second performance period begins on April 1, 2016 and ends on June 30, 2016 (the "Second Performance Period" and, together with the First Performance Period, the "Performance Periods").
Buyer’s second payment to Seller shall occur one (1) year after the end of the First Performance Period (“Second Performance Payment”) and shall be based on Buyer’s measure of Seller’s Distribution Services from the Project during the period of time starting at the end of the First Performance Period and ending twelve (12) months after such start date (“Second Performance Period”).
If the Performance Percentage is equal to 100% as of the end of the First Performance Period, all of the PSUs shall become Banked Units.
Under the KEIP, the Annualization Factor for the First Performance Period is 2.95, and the Annualization Factor for the Second Performance Period is 1.77.